PZ Cussons (LON:PZC) Stock Passes Below 200-Day Moving Average – What’s Next?

by · The Markets Daily

PZ Cussons plc (LON:PZCGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.13 ($1.20) and traded as low as GBX 80 ($1.01). PZ Cussons shares last traded at GBX 80.15 ($1.01), with a volume of 6,000,819 shares.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 120 ($1.51) target price on shares of PZ Cussons in a report on Friday, November 22nd.

Read Our Latest Stock Analysis on PZ Cussons

PZ Cussons Stock Down 2.4 %

The stock has a market capitalization of £336.20 million, a price-to-earnings ratio of -572.46, a P/E/G ratio of 1.13 and a beta of 0.26. The company has a debt-to-equity ratio of 75.98, a quick ratio of 1.36 and a current ratio of 1.18. The firm’s fifty day simple moving average is GBX 83.44 and its 200 day simple moving average is GBX 95.13.

Insider Activity at PZ Cussons

In related news, insider Jonathan Myers sold 69,429 shares of PZ Cussons stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.13), for a total value of £62,486.10 ($78,529.72). 43.74% of the stock is currently owned by insiders.

About PZ Cussons

(Get Free Report)

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.

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